Further blow to Woodford investors as £550m deal falls through - reports

PJT Park Hill, the company tasked with offloading the illiquid part of the fund's portfolio, formerly run by Neil Woodford, gave a period of exclusivity to WG Partners to assemble a group of investors interested in buying a large portion of the companies, The Sunday Times reported. WG Partners, an investment bank that specialises in arranging life sciences deals, was said to have trawled both America and China to find investors, but is understood to have missed the deadline set by Park Hill. The deal, which is understood to have included 20 companies, was worth £550m and accounted for...